Thursday, September 8, 2011

McAlvany Weekly Commentary

European Crises: Treating a Mountain Like a Molehill

A Look at This Weeks Show:
- There is a shallow appreciation for how grave the threat is to the European Union as it exists now.
-Germany has and will hold the key to a continued EU project.
- Just as in 2008 in the United States, banks are leading on the downside in Europe (since the end of July, 7 trillion in equity values have disappeared).

No comments:

Post a Comment